Iran’s Minister of Industries Reza Rahmani bragged about great booms in the manufacturing sector in his country. saying that average daily output of carmakers has doubled in January compared to the recent months.
Read More »Iran`s Foreign Debt Shrinks 3% in Nine Months
Iran’s total debts volume from March 21 to Nov. 22. 2019 hit $9.018 billion.
Read More »Iran`s Economy Stepping out of Recession
Iran has sufficient foreign exchange reserves to overcome any turbulence in the currency.
Read More »Swiss Payment Mechanism Inadequate
The sanctions have severely impeded Iran'.s ability to import food. drugs and medical equipment.
Read More »Russia. China Want Iran to Adopt FATF Rules
The Financial Action Task Force has given Iran until February to enact the Palermo and terrorist financing conventions.
Read More »Joining FATF Advantage for Banking System
Joining FATF is an advantage for domestic banking system since it lubricates banking transactions with a higher level of clearance.
Read More »Economic Growth Positive in H1
Iran could manage to register a growth of 0.5 percent in the first half of the current Iranian calendar year (March 21- September 22. 2019).
Read More »CBI Governor Underlines Stability in Iran`s Forex Market
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati underlined stability in his country'.s foreign currency market.
Read More »Iran Defuses Second Cyberattack in Less Than a Week
Iran'.s telecommunications minister announced that the country has defused a second cyberattack in less than a week. this time aimed at spying on government intelligence.
Read More »Iran’s Rial Rises after Post-Gas-Price-Hike Decline
Iran’s national currency of the rial has regained ground after 4 days of fall which was triggered by the government’s decision to increase the price of subsidized gas by 50% and unsubsidized gas by 300% in the country.
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